I reckon Brendan has taken into the account the other Julimar nearology players that have so far suffered significant share price drops from their initial drilling and assay results (MAN, CPN). Seems the DEV approach is to do a low key campaign, and avoid an inflated run on the share price. But @RobThomas is sadly right - the price will fall if the three holes are not spectacular (ordinary or promising isn’t enough).
I really want DEV to be the first explorer to prove the existent of PGEs in the wider area but I’m doubtful. Let’s hope I’m wrong.
Ann: Diamond Drilling underway at Sovereign Ni-Cu-PGE Project, page-16
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